
Been waiting for the first signal that BCC might be coming off the bottom after all the "free bitcoin" crew finished dumping it.
I'm a buyer today. Next question is how best to store it. Any decent cold wallets picking up proper support for BCC?
Bcash deposits are currently disabled until the network is secure to accept deposits. Please keep an eye on our social media for when deposits will be enabled. This could take several days.
I expect it will get interesting again before November.
I'm feeling a bit better (been quite sick recently) and so I will share my thoughts.
1. Bitcoin miners have a vested interest in Bitcoin Cash at least surviving, if not thriving. They will support it until at least November.
2. The Bitcoin Core mob will probably resist the 2MB hard fork, so expect another fork threat to emerge by October.
3. If there is any issue with SegWit (security / unverified transactions) and/or there is any emergent congestion on the BTC fork in the coming months, there will be a rush to BCC.
All up I think there is plenty more upside potential than downside risk to BCC at this price level and point in time.
DYOR
Thanks.
I can see the 2MB hard fork part of SegWit2x being veto'd or delayed indefinitely. The big blockers might move into BCC leaving BTC for the segwit small block factions. Reckon that'd be fine until BTC shows some congestion and transaction backlog - which might not take long because SegWit is little more than a band aid. Then BCC comes roaring into consideration due to being the better scaling option.
The Bitcoin Core, SegWit and small blocker fanboys really strike me as being naive and very short sighted. They'll have their time in the sun for now but I don't think BCC is just going to go away.